University of Wisconsin-Madison professor emeritus Bob Cropp said the dairy picture looks a little brighter now than it did just a month ago.
“Despite relatively strong milk production, increasing stocks of dairy products and weak exports, dairy product prices have surprisingly strengthened in June,” he said.
On the Chicago Mercantile Exchange, butter, which averaged $2.0554/lb. in May, is now at $2.36/lb. Barrel cheese and 40 lb. block cheese, which averaged $1.3529/lb. and
All access premium subscription
This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.
Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)
Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.
SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx
TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx